VIVO Cannabis Inc (VIVO.CA) Stock Technical Analysis
TSX:VIVO - Toronto Stock Exchange - CA92845J1049 - Common Stock - Currency: CAD
Taking everything into account, VIVO scores 1 out of 10 in our technical rating. VIVO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, VIVO is a bad performer in the overall market: 85% of all stocks are doing better.
VIVO is one of the lesser performing stocks in the Pharmaceuticals industry. 66% of 34 stocks in the same industry do better.
VIVO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month VIVO has a been trading in the 0.01 - 0.03 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
VIVO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VIVO in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.02
0.04
We found 1 important support area.
- A support zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.04 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.34
Mansfield-3.36
10 Day High0.03
10 Day Low0.02
20 Day High0.03
20 Day Low0.02
52 Week High0.08
52 Week Low0.02
Performance
1 Week25%
2 Weeks25%
1 Month25%
3 Month0%
6 Month-16.67%
12 Month-64.29%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)56.5
LBB0.02
UBB0.03
TSX:VIVO (4/4/2023, 7:00:00 PM)
0.025
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0%
1 Week25%
2 Weeks25%
1 Month25%
3 Month0%
6 Month-16.67%
12 Month-64.29%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%18%
ATR Inc90.91%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.34
Mansfield-3.36
10 Day High0.03
10 Day Low0.02
20 Day High0.03
20 Day Low0.02
52 Week High0.08
52 Week Low0.02
CS1 End0.02
CR1 Start0.03
Volume & EV
DER(3)2.62%
DER(5)15.86%
Volume312.90K
Volume Incr151.28%
Vol(5)359.91K
Vol(50)187.83K